Students with past due student loans that are looking for relief on their student loan debt rely on Freedom Loan Resolution. We know and understand the situation that you are in and will help you apply for the right student debt relief program to meet your financial goals and objectives. Get in touch with our expert student debt relief counselors today by giving us a call at 888-780-6225 to start your debt relief application with us.
When it comes to getting student debt relief for your student loans, it can be difficult to figure out the right course of action. With mounting student debt and other bills such as car payments, housing payments, utilities, credit card bills and more - it can leave you with no idea how to get out of the financial hole that you are in. Fortunately, our student debt counselors know and understand the situation you are going through and can help you get the debt relief that you need for your student loan debt.
For most students, one of three types of student loan debt relief programs that are available to borrowers will be the right program to apply for. Students may be eligible for an income based payment plan, student loan forgiveness or student loan consolidation. Each case is different, there are no guarantees on the amount of forgiveness you will receive (if any) but we will work with you to apply for the program that is best suited to your needs.
With an income based payment plan, your repayment of your student loans is recalculated based on your income and family size. In some cases, students who are eligible for an income based payment plan could have their repayment abilities calculated at $0.00 per month.
In student loan forgiveness, eligible students can receive a principle reduction, partial loan discharge or complete and total loan forgiveness. As stated previously, each case is different and specific to individual applicants but our student loan counselors will work with you through the application.
Finally, there is student loan consolidation where students may be eligible to consolidate all of their federal student loans into one new loan with one lower rate that you can afford. This plan is great for students looking to better manage the repayment of their student loan debt.
Contact Freedom Loan Resolution today for more information and get assistance with your student loan debt relief application with us, call 888-780-6225 to get started today.